Industrials

Industrial output posted a sharp rebound from a downwardly revised drop the previous month.

Consumer prises increased 0.6% last month as the cost of gasoline jumped 7%. A measure of underlying inflation, however, was relatively muted at an increase of 0.1%.

Reliance Steel & Aluminum has acquired Sunbelt Steel Texas for an undisclosed amount of money to grow its exposure to specialty products.

Blue-chip conglomerate 3M reached a deal to scoop up advanced-ceramics maker Ceradyne for $860 million.

Carried by higher prices and rising sales, egg producer Cal-Maine Foods said it more than tripled its fiscal first quarter profits.

Procter & Gamble revealed a 6.9% decline in fiscal first-quarter profits amid the slowing global economy, but the maker of Duracell batteries and Bounty paper towels managed to exceed Wall Street’s expectations.

The largest U.S. weapons manufacturer saw its third-quarter earnings jump 11%, handily topping expectations, and raised its full-year outlook.

United Technologies cut its sales forecast for the year, citing weak demand from airlines and an uncertain economy.

The diversified manufacturer reported a 6.7% rise in profit, but cut its fiscal 2012 profit outlook and missed sales expectations.

The diversified manufacturer reported a 6.7% rise in profit, but cut its fiscal 2012 profit outlook and missed sales expectations.

DuPont highlighted Wall Street’s economic fears by disclosing a deeper-than-expected 98% plunge in third-quarter earnings, a tepid profit outlook for 2012 and plans to axe 1,500 jobs.

DuPont highlighted Wall Street’s economic fears by disclosing a deeper-than-expected 98% plunge in third-quarter earnings, a tepid profit outlook for 2012 and plans to axe 1,500 jobs.

General Electric revealed an in-line 8% rise in third-quarter profits, but the blue-chip conglomerate’s anemic sales growth disappointed Wall Street.

Stronger aerospace sales helped to improve margins for the industrial company to help offset a drop in transportation systems sales and weaknesses in Europe. 

A day after its mega-merger talks with EADS fell through, BAE Systems promised to hold meetings to discuss its strategy with investors.

Fastenal logged an in-line 13% bump in third-quarter profits as the industrial hardware supply stores operator generated double-digit sales growth despite the tough economy.

Defense heavyweight Lockheed Martin announced plans to reorganize its electronic-systems business into two new divisions.

FedEx's second-quarter profit climbed 14% amid stronger ground-shipping revenue, although its bottom line missed Wall Street estimates.

Honeywell issued a tepid outlook for its 2014 profit and revenue, as the diversified manufacturer expects the economic environment next year to be similar to 2013’s climate.

Anadarko Petroleum is liable for more than $5.2 billion in a lawsuit connected to the oil producer’s 2006 acquisition of Kerr-McGee.